The November asset class scoreboard paints a nuanced picture of the investment landscape in the wake of the recent election. Concerns about potential political instability or market volatility proved unfounded, as the democratic process unfolded with integrity, allaying previous anxieties. In fact, U.S. equities rallied to new all-time highs, reflecting the market’s confidence in the […]
Category: Markets
04
Dec
2024
20
Jul
2022
With Commodity Prices Down, Are CTAs/Trend Followers Getting Crushed?
Word in the Twitter streets is of a commodity blood bath: Remember, CPI is a lagging indicator Commodity $s have plummeted from peaks: Lumber -58%, Nickel -54%, Aluminum -37%, NatGas -31%, Steel -28%, Wheat -28%, Zinc -25%, Lead -23%, Copper -22%, Soybeans -18%, Corn -16%, Cotton -14%, Cocoa -14%, Oil -13%, OJ -11%(Rosenberg Research) — […]
12
Oct
2021
ESG causing Europe’s Energy Issues?
If you haven’t noticed what’s happening in the energy markets of late- oil and natural gas are on a bit of a tear this year, especially over in Europe, where they’ve been a bit more aggressive politically in their embrace and enforcement of ESG protocols and mandates. Even good old-fashioned West Texas Crude Oil isn’t […]
05
Oct
2021
Asset Class Scoreboard: September 2021
Well, that was interesting! The first “real” down month for stocks in about a year saw US stocks drop -4.66% alongside world stocks and real estate. On the other side of the coin, managed futures rode a big move higher in commodities to post a small gain, while those commodities themselves were back at it […]
21
Sep
2021
Don’t Let them Ban IRA Investments in Hedge Funds
The Build Back Better Act has been causing a minor stir in the world of small private funds the past week as several committees completed marking up and approving provisions of the Act. Among these, the House Ways and Means Committee approved a plan limiting Mega-Roth, backdoor IRAs, and large retirement account balances – which […]
14
Sep
2021
What is Return Stacking?
A new paper by Rodrigo Gordillo and Adam Butler of Resolve Asset Management and Corey Hoffstein of Newfound Research is out this week, purporting to add a new term to the investing lexicon – “Return Stacking.” What? What is return stacking, and what are stacked returns? Well, you can download the full paper here […]
08
Sep
2021
Asset Class Scoreboard: August 2021
Welcome to the dog days of summer… unless you’re U.S. equity markets, which again posted a new all-time high. That’s seven months in a row of relatively straight-up action for equities. When will it end and How will it end? are the questions on everyone’s mind. Elsewhere, Commodities took a little hiatus, along with bonds […]
02
Sep
2021
Options to Trend Following, and Back Again with Scot Billington of Covenant Cap.
We jump back into some VIX and Volatility discussion with this week’s episode but also get to talk about trend following’s rise and fall (and rise again?) over the past decade. We’ve got Scot Billington, the co-founder and managing partner of Covenant Capital Mgmt., talking through his unique journey from futures broker to floor trader […]
26
Aug
2021
Valuations….Are you F*&^ing Insane, with Howard Lindzon
Our guest this episode is surely not a stranger to our listeners, with his voice reaching far and wide via StockTwits, the Panic with Friends podcast, his ever-changing Twitter handle (currently Metaverse Lindzon) and his eponymous blog where he dishes on everything from stock picks to software to NFTs. Oh, and in his spare time, […]
12
Aug
2021
BITFD & Wake the F Up with Ben Hunt of Epsilon Theory
Over 100,000 investors in 180 countries listen to Ben Hunt, founder of Second Foundation Partners and the Epsilon Theory blog, debunk the latest narrative machines in each of his opus-like post. So with Covid cases climbing and inflation expectations rising, it seemed like as good a time as ever to bring Ben back on the […]
